Tag Archives: economy

The island that can save America – Puerto Rico can manufacture much needed pharmaceuticals while lessening dependence on foreign countries such as China, India, Ireland

When the government ended the tax incentives for pharmaceutical manufacturers in Puerto Rico in 1996, many of them left, which left Puerto Rico in a downward spiral from which it still has not recovered.  Incentives to bring investors, manufacturing, capital, … Continue reading

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Small and Medium Scale Businesses are The Backbone of the Puerto Rico´s Economy

https://www.theweeklyjournal.com/business/the-backbone-of-the-island-s-economy/article_ff2e6a08-be01-11e9-aa0c-1b95779231a6.html The Backbone of the Island´s Economy Small and Medium Scale Businesses make up 92 percent of all retail businesses and account for 39 to 44 percent of sales in the retail sector Cynthia López Cabán, The Weekly Journal Aug … Continue reading

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The economic crisis must not become a social crisis

https://www.elnuevodia.com/english/english/nota/theeconomiccrisismustnotbecomeasocialcrisis-2561957 The economic crisis must not become a social crisis As we enter the second month of curfew, Puerto Rico faces the challenge to provide a clear, safe and gradual economic reactivation plan, including commercial and industrial activities, in the … Continue reading

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As coronavirus cases rise in Puerto Rico, some fear economic ‘bloodbath’ along with health crisis

https://www.usatoday.com/story/news/nation/2020/04/02/coronavirus-cases-puerto-rico-grow-island-confronts-new-crisis/2926578001 As coronavirus cases rise in Puerto Rico, some fear economic ‘bloodbath’ along with health crisis Kristine Phillips USA TODAY Edgar Rodríguez Vázquez’s kidneys have been shrinking since he was in his 30s. A year and a half ago, his … Continue reading

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The Economy’s Revival, One Step at a Time

The Economy’s Revival, One Step at a Time The Economy’s Revival, One Step at a Time By Yanira Hernández Cabiya on April 12, 2020 An aerial photo of San Juan (CB file) Economic Task Force Member Details Conditions that Must … Continue reading

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How Puerto Rico got into its current financial mess

https://www.miamiherald.com/news/business/biz-monday/article64452617.html How Puerto Rico got into its current financial mess BY JOHN McPHAUL Special to the Miami Herald March 06, 2016 02:00 PM   A man drinks a beer in a local bar as he watches Puerto Rico’s governor Alejandro … Continue reading

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Analysis: ‘Lack of progress’ in getting P.R.’s economy back on track bodes badly for the year 2020

https://newsismybusiness.com/analysis-19s-lack-of-progress-in-getting-p-r-s-economy-back-on-track-is-bad-omen Analysis: ‘Lack of progress’ in getting P.R.’s economy back on track bodes badly for ’20 January 2, 202001620 The lack of progress in getting Puerto Rico’s economy back on track does not bode well for what should happen in … Continue reading

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Socialism’s Millennial fans don’t even know what it is

https://nypost.com/2019/03/03/socialisms-millennial-fans-dont-even-know-what-it-is Socialism’s Millennial fans don’t even know what it is By Post Editorial Board March 3, 2019 | 8:20pm Enlarge Image REUTERS Anyone who isn’t a socialist at 20 has no heart, but anyone who isn’t a conservative by 40 … Continue reading

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Puerto Rico’s poor economy is rooted in counter-productive Puerto Rican government policies

https://www.washingtonpost.com/opinions/dont-blame-puerto-ricos-poor-economy-on-hurricanes/2018/12/17/206a5734-f181-11e8-9240-e8028a62c722_story.html The Puerto Rican government is the problem by having policies that encourage people to be on welfare, to discourage them from working.  It’s simple logic, in that one will get more behavior that is rewarded and less behavior that … Continue reading

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Puerto Rico’s Agriculture and Farmers Decimated by Maria

Puerto Rico’s Agriculture and Farmers Decimated by Maria By FRANCES ROBLES and LUIS FERRÉ-SADURNÍSEPT. 24, 2017 Photo Plantain trees flattened by Hurricane Maria in Yabucoa, P.R. In a matter of hours, the storm destroyed about 80 percent of the crop … Continue reading

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